After glancing over the Quarterly activities/appendix 4C cash flow report it's my observation that the Commander and Chief has put in place an income stream for himself of 10% interest on his loan facility to the Company keeping things shuffling along not to mention a six figure annual salary and perks on-top.
I guess without this loan arrangement it might be bottom's-up a lot sooner !!! maybe his great friends at Regal Management will come to Zoono's Aid when the crisis hits ???
O' that's right their core business is in the short selling game & with the share-price at .043c a share there's not much room for that either.
With a 3rd quarter 2024 forecast for the next credit raise ??? Boy those so called deals in the wind strategy better come to fruition to at least restore some credibility to the Business, maybe consideration should be given to the cost reduction program that Directors' forgo their fee's as the Business is in struggle street, l for one would be happy to pay them when the Company is generating a profit not running a gravy train.
ST
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